Abstract

In our attempt to explore possible solutions for the world’s grave environmental problems, our book titled Better economics for the Earth proposes a new approach to understanding and redefining value. A good explanation is provided in Tran (2025), which informs us that the current approach to understanding value has been criticized for trying to “put a price tag on nature” without fundamentally challenging the underlying economic paradigm. To further support the process of change, concerning our understanding value, we now introduce a new paper bearing in mind that “the devil’s in the details”.